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The simultaneous, ascending auction: dynamics of price adjustment in experiments and in the UK3G spectrum auction

Price AdjustmentEconomicsElectronic AuctionDynamic PricingUk3g Spectrum AuctionMarket MechanismPrice FormationExperimental EconomicsEconomic AnalysisBusinessAuction TheoryMarket DesignMarket Equilibrium ComputationMarketingMechanism DesignFinance